SmarterDividends

AAPL vs MDY: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AAPL and MDY are closely matched. MDY offers the higher yield at 1.06%, AAPL has the higher dividend-safety score.

Key facts: AAPL vs MDY

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) has the higher forward dividend yield at 1.06%, versus 0.31% for Apple Inc. (AAPL).
  • As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and MDY's C (63/100).
  • By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and MDY for 5.
Cite this page

SmarterDividends, "AAPL vs MDY: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aapl-vs-mdy

MetricAAPLMDY
Forward yield0.31%1.06%
Annual dividend$1.08$6.81
Payout ratio12%—
Years of growth14 yr5 yr
5-yr dividend growth5.0%8.0%
5-yr total return108%34%
Dividend safety score95 (A)63 (C)
Fair value estimate$184.66—
Upside to fair value-46%—
Frequencyquarterlyquarterly
Market cap$5.0T—
P/E ratio39.420.0

Higher yield

MDY

1.06%

Safer dividend

AAPL

Grade A

Faster growth

MDY

8.0%

AAPL vs MDY — FAQ

Is AAPL or MDY a better dividend stock?

AAPL and MDY are closely matched. MDY has the higher yield; AAPL scores better on safety.

Which has a higher dividend yield, AAPL or MDY?

MDY has the higher forward dividend yield at 1.06%, versus 0.31% for AAPL.

Is AAPL or MDY safer?

AAPL has the higher dividend-safety score (95/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.